Toyota plans to reach the goal of half of its global sales in electric vehicles up to 2025, five years ahead of schedule, and intends to make use of Chinese manufacturers ‘ batteries to meet accelerated demand toward electricity-powered cars.
According to the manufacturer’s executive vice president, Shigeki Terashi, the Automater now faces an above-expected demand for cars that use drums instead of gasoline. In addition, standards that are increasingly stricter in the sector related to pollutant gas emissions, require more lithium-ion batteries in the coming years than the Automater intends to produce.
Toyota, which manufactures battery for hybrid vehicles, also stated that it will partner with the Chinese companies Amperex Technology and BYD for the acquisition of batteries.
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